Director Henry Smith sells AXIS Capital (AXS) shares, keeps stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AXIS CAPITAL HOLDINGS LTD director Henry B. Smith sold shares in the company. On May 7, 2026, he completed an open-market sale of 2,542 Common Shares at an average price of $98.69 per share. After this transaction, he continues to hold 46,347 Common Shares directly, indicating he retains a significant personal stake in AXIS Capital.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,542 shares ($250,870)
Net Sell
1 txn
Insider
SMITH HENRY B
Role
null
Sold
2,542 shs ($251K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 2,542 | $98.69 | $251K |
Holdings After Transaction:
Common Shares — 46,347 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 2,542 shares
Sale price per share: $98.69 per share
Shares held after transaction: 46,347 shares
+1 more
4 metrics
Shares sold
2,542 shares
Open-market sale of Common Shares on May 7, 2026
Sale price per share
$98.69 per share
Average price for the May 7, 2026 transaction
Shares held after transaction
46,347 shares
Direct ownership following the reported sale
Net share change
2,542 shares sold
Net-sell direction in transaction summary
Key Terms
open-market sale, Common Shares, Form 4, transaction code "S", +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" describing the Form 4 transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) reporting the director’s transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "S" financial
"transaction_code: "S" with description "Sale in open market or private transaction""
net-sell direction financial
"transactionSummary shows netBuySellDirection: "net-sell""
FAQ
What insider transaction did AXIS Capital (AXS) report for Henry B. Smith?
AXIS Capital reported that director Henry B. Smith executed an open-market sale of 2,542 Common Shares on May 7, 2026 at an average price of $98.69 per share, according to a Form 4 insider filing.
Was the AXIS Capital (AXS) insider transaction an open-market sale?
Yes. The Form 4 classifies Henry B. Smith’s transaction as an open-market sale, using transaction code “S” and describing it as a “Sale in open market or private transaction.” This indicates a standard discretionary share sale rather than a grant or tax withholding.
Does the AXIS Capital (AXS) Form 4 show any option exercises or derivatives?
No. The filing’s derivativeSummary is empty and transaction data only cover non-derivative Common Shares. There are no reported option exercises, conversions, or other derivative transactions in this particular Form 4 for Henry B. Smith.